Barrett Price To Sales Ratio vs Book Value Per Share Analysis

BBSI Stock  USD 123.38  3.89  3.26%   
Barrett Business financial indicator trend analysis is way more than just evaluating Barrett Business Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barrett Business Services is a good investment. Please check the relationship between Barrett Business Price To Sales Ratio and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrett Business Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barrett Business Services Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Barrett Business' Price To Sales Ratio and Book Value Per Share is 0.07. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Barrett Business Services, assuming nothing else is changed. The correlation between historical values of Barrett Business' Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Barrett Business Services are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Barrett Business' Price To Sales Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Barrett Business Services stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Barrett Business sales, a figure that is much harder to manipulate than other Barrett Business Services multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Barrett Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barrett Business Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrett Business Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
As of now, Barrett Business' Enterprise Value Multiple is increasing as compared to previous years. The Barrett Business' current Enterprise Value is estimated to increase to about 449.7 M, while Tax Provision is projected to decrease to under 12.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit204.5M234.8M235.4M247.2M
Total Revenue955.2M1.1B1.1B1.1B

Barrett Business fundamental ratios Correlations

0.350.780.980.790.8-0.20.80.860.360.840.390.60.950.53-0.620.910.610.590.980.70.940.08-0.21-0.64-0.64
0.350.270.320.30.420.470.290.22-0.030.360.010.250.340.37-0.380.330.220.260.340.30.330.840.0-0.3-0.3
0.780.270.720.920.86-0.240.930.730.340.48-0.010.750.770.24-0.270.550.940.810.660.80.86-0.05-0.56-0.36-0.34
0.980.320.720.730.79-0.210.760.90.370.80.360.590.970.55-0.710.870.560.550.970.710.930.11-0.11-0.73-0.73
0.790.30.920.730.94-0.430.990.770.550.43-0.020.880.790.38-0.290.510.910.860.650.870.91-0.04-0.33-0.41-0.39
0.80.420.860.790.94-0.330.950.870.490.39-0.130.920.850.36-0.490.510.840.790.680.950.940.11-0.24-0.6-0.58
-0.20.47-0.24-0.21-0.43-0.33-0.46-0.45-0.870.070.14-0.49-0.27-0.320.10.04-0.3-0.39-0.1-0.32-0.390.63-0.190.230.22
0.80.290.930.760.990.95-0.460.810.570.42-0.050.90.820.4-0.350.50.910.850.660.890.93-0.04-0.3-0.47-0.46
0.860.220.730.90.770.87-0.450.810.560.540.030.720.920.48-0.630.650.650.650.810.80.94-0.04-0.07-0.7-0.69
0.36-0.030.340.370.550.49-0.870.570.560.16-0.070.560.410.56-0.360.140.360.530.270.380.54-0.310.2-0.4-0.38
0.840.360.480.80.430.390.070.420.540.160.680.130.690.55-0.550.950.260.330.90.250.620.13-0.17-0.44-0.44
0.390.01-0.010.36-0.02-0.130.14-0.050.03-0.070.68-0.30.210.25-0.280.59-0.16-0.10.49-0.230.120.05-0.02-0.14-0.16
0.60.250.750.590.880.92-0.490.90.720.560.13-0.30.70.3-0.360.260.770.720.450.950.81-0.03-0.12-0.53-0.5
0.950.340.770.970.790.85-0.270.820.920.410.690.210.70.55-0.690.780.630.590.910.80.940.09-0.09-0.76-0.75
0.530.370.240.550.380.36-0.320.40.480.560.550.250.30.55-0.550.490.110.240.540.270.490.250.54-0.62-0.61
-0.62-0.38-0.27-0.71-0.29-0.490.1-0.35-0.63-0.36-0.55-0.28-0.36-0.69-0.55-0.6-0.05-0.11-0.68-0.44-0.59-0.29-0.20.940.93
0.910.330.550.870.510.510.040.50.650.140.950.590.260.780.49-0.60.310.290.960.390.720.11-0.2-0.54-0.55
0.610.220.940.560.910.84-0.30.910.650.360.26-0.160.770.630.11-0.050.310.890.460.790.77-0.09-0.54-0.17-0.15
0.590.260.810.550.860.79-0.390.850.650.530.33-0.10.720.590.24-0.110.290.890.440.720.73-0.06-0.36-0.15-0.11
0.980.340.660.970.650.68-0.10.660.810.270.90.490.450.910.54-0.680.960.460.440.580.860.11-0.15-0.66-0.67
0.70.30.80.710.870.95-0.320.890.80.380.25-0.230.950.80.27-0.440.390.790.720.580.860.07-0.17-0.6-0.57
0.940.330.860.930.910.94-0.390.930.940.540.620.120.810.940.49-0.590.720.770.730.860.860.03-0.21-0.66-0.66
0.080.84-0.050.11-0.040.110.63-0.04-0.04-0.310.130.05-0.030.090.25-0.290.11-0.09-0.060.110.070.030.24-0.23-0.23
-0.210.0-0.56-0.11-0.33-0.24-0.19-0.3-0.070.2-0.17-0.02-0.12-0.090.54-0.2-0.2-0.54-0.36-0.15-0.17-0.210.24-0.29-0.29
-0.64-0.3-0.36-0.73-0.41-0.60.23-0.47-0.7-0.4-0.44-0.14-0.53-0.76-0.620.94-0.54-0.17-0.15-0.66-0.6-0.66-0.23-0.291.0
-0.64-0.3-0.34-0.73-0.39-0.580.22-0.46-0.69-0.38-0.44-0.16-0.5-0.75-0.610.93-0.55-0.15-0.11-0.67-0.57-0.66-0.23-0.291.0
Click cells to compare fundamentals

Barrett Business Account Relationship Matchups

Barrett Business fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets860.9M775.0M747.0M686.9M745.4M782.7M
Short Long Term Debt Total28.5M27.7M25.3M21.2M21.2M10.9M
Other Current Liab329.2M278.1M300.2M308.1M330.0M346.5M
Total Current Liabilities342.1M290.6M315.4M334.7M343.3M360.4M
Total Stockholder Equity171.8M198.2M208.5M177.8M199.1M209.1M
Property Plant And Equipment Net55.5M57.9M57.0M65.8M70.2M73.7M
Net Debt(16.1M)(41.0M)(44.1M)(70.2M)(53.6M)(50.9M)
Retained Earnings148.7M165.7M178.3M172.6M182.9M192.1M
Accounts Payable6.0M4.7M4.5M8.3M6.6M6.9M
Cash44.6M68.7M69.4M91.4M74.8M37.7M
Non Current Assets Total437.1M367.1M340.2M232.6M297.9M153.8M
Non Currrent Assets Other3.6M261.3M235.4M281K222.0K210.9K
Cash And Short Term Investments127.2M169.9M166.2M159.7M249.7M262.1M
Net Receivables164.9M125.0M155.7M163.8M179.4M188.4M
Common Stock Shares Outstanding7.7M7.7M7.6M7.2M6.8M7.7M
Liabilities And Stockholders Equity860.9M775.0M747.0M686.9M745.4M782.7M
Non Current Liabilities Total347.0M286.1M223.0M174.4M203.0M213.1M
Other Current Assets14.9M16.0M17.6M19.8M18.4M19.4M
Other Stockholder Equity20.2M24.9M29.1M32.7M36.9M18.8M
Total Liab689.1M576.7M538.4M509.1M546.2M573.6M
Property Plant And Equipment Gross55.5M57.9M57.0M65.8M104.7M109.9M
Total Current Assets423.8M407.9M406.7M454.4M447.5M469.9M
Accumulated Other Comprehensive Income2.8M7.6M1.1M(27.6M)(20.8M)(19.8M)
Short Term Debt6.9M7.8M10.7M7.0M6.6M5.7M
Common Stock Total Equity74K75K76K69K62.1K64.9K
Common Stock74K75K76K69K66K64.4K
Other Liab325.4M266.1M208.4M160.1M184.2M115.0M
Other Assets333.7M261.3M235.4M119.0M1.00.95
Long Term Debt4.2M4.0M3.7M3.5M4.0M3.8M
Property Plant Equipment31.7M34.9M57.0M46.0M52.8M55.5M
Short Term Investments82.6M101.2M96.8M68.3M174.8M183.6M
Inventory116.9M97.0M67.2M111.0M127.6M70.5M
Net Tangible Assets124.0M150.4M160.7M130.0M149.5M157.0M
Retained Earnings Total Equity148.7M165.7M178.3M172.6M198.5M109.4M
Capital Surpluse20.2M24.9M29.1M32.7M37.7M39.5M

Pair Trading with Barrett Business

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barrett Business position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barrett Business will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barrett Stock

  0.85BV BrightView Holdings Fiscal Year End 21st of November 2024 PairCorr
  0.81LZ LegalZoom Financial Report 14th of May 2024 PairCorr

Moving against Barrett Stock

  0.73VRSK Verisk AnalyticsPairCorr
  0.72DLHC DLH Holdings Corp Fiscal Year End 4th of December 2024 PairCorr
  0.61FA First Advantage Corp Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Barrett Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrett Business when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barrett Business - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barrett Business Services to buy it.
The correlation of Barrett Business is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barrett Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrett Business Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barrett Business can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Barrett Business Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barrett Business' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barrett Business Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barrett Business Services Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrett Business Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Barrett Stock analysis

When running Barrett Business' price analysis, check to measure Barrett Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barrett Business is operating at the current time. Most of Barrett Business' value examination focuses on studying past and present price action to predict the probability of Barrett Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrett Business' price. Additionally, you may evaluate how the addition of Barrett Business to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Is Barrett Business' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrett Business. If investors know Barrett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrett Business listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.509
Dividend Share
1.2
Earnings Share
7.25
Revenue Per Share
162.299
Quarterly Revenue Growth
0.1
The market value of Barrett Business Services is measured differently than its book value, which is the value of Barrett that is recorded on the company's balance sheet. Investors also form their own opinion of Barrett Business' value that differs from its market value or its book value, called intrinsic value, which is Barrett Business' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrett Business' market value can be influenced by many factors that don't directly affect Barrett Business' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrett Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrett Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrett Business' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.